Nigeria lost over $500m to cybercrime in 2022 – EFCC

Nigeria lost over $500m to cybercrime in 2022 – EFCC …C0NTINUE READING HERE >>>

The Economic and Financial Crimes Commission, EFCC, has raised the alarm over the threats posed by cybercrime, revealing that Nigeria lost more than $500 million to the criminal activity in 2022.

Chairman of the anti-graft agency, Ola Olukoyede spoke during a National Cybercrime Summit in Abuja on Tuesday.

“As a matter of fact, the research I did earlier this year confirmed that cybercrime has become the third largest GDP in the world with approximately 2,328 cases occurring daily.

“The implication of all this is that if left unchecked, cybercrimes portend grave dangers to the entire…

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